Plans » Benchmarking Engine
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North American Electric Reliability Corporation Savings and Investment Plan in Atlanta, GA has the 8th-highest net income per total participant ($50,423) of the 418 plans in the Southeast that provide for automatic enrollment. That $50,423 compares to an average of $12,892 across those 418 plans.
Beating the average of $12,892 means an extra $10,170,857 in net income.
Note: net income per total participant = net income ÷ total participants
North American Electric Reliability Corporation Savings and Investment Plan has these standings among those 418 peer plans:
Beating the average of $12,892 means an extra $10,170,857 in net income.
Note: net income per total participant = net income ÷ total participants
North American Electric Reliability Corporation Savings and Investment Plan has these standings among those 418 peer plans:
- net income per total participant = $50,423 (8th-highest)
- net income = $13,664,694 (50th-highest)
- total participants = 271 (36th-fewest, tied)
- provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
North American Electric Reliability Corporation Savings and Investment Plan in Atlanta, GA is in Atlanta, GA, its EIN is 204821888, its industry group is Religious, Grantmaking, Civic, Professional, and Similar Organizations, its plan administrator is Andy Sharp, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 813000, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, yield on beginning-of-plan-year total assets, and diversity of asset types (4 total), is better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (the entire set of 5), and is lower than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($78.20M)
- total assets ($78,158,216)
- total assets at beginning of plan year ($64,493,522)
- value of interest in common/collective trusts ($49,888,725)
- value of interest in registered investment companies (e.g., mutual funds) ($22.10M)
- total income ($17,416,888)
- net income ($13,664,694)
- earnings on investments ($9,622,310)
- net earnings on investments ($9,622,310)
- total contributions ($7,871,316)
- value of funds held in insurance company general account (unallocated contracts) ($3,868,270)
- total expenses ($3,752,194)
- cash contributions from employers ($3,444,495)
- cash contributions from participants ($2,674,300)
- other general investments ($1,338,947)
- participant loans ($925,151)
- average account balance ($288,407)
- net income per total participant ($50,423)
- contract administrator fees ($44,330)
- total administrative expenses ($44,330)
- average employer cash contribution per active participant ($17,396)
- average participant cash contribution per active participant ($13,507)
- total administrative expense per participant ($163.58)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (73.1%)
- diversity of asset types (28.8%)
- yield on beginning-of-plan-year total assets (14.92%)
- participant loans as a percentage of plan assets (1.18%)
- total administrative expense ratio (0.057%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (198)
- deceased participants whose beneficiaries receive or are entitled to benefits (4)
- living participants (267)
- other retired or separated participants entitled to future benefits (69)
- retired or separated participants receiving benefits (0)
- total participants (271)
Global References